Breaking Finance News

JPMorgan Chase & Co. downgraded Tyson Foods, Inc. (NYSE:TSN) to Sell in a statement released earlier today.

JPMorgan Chase & Co. has downgraded Tyson Foods, Inc. (NYSE:TSN) to Sell in a statement released on 10/12/2016.

On 10/11/2016, BMO Capital Markets released a statement for Tyson Foods, Inc. (NYSE:TSN) bumped up the target price from $77.00 to $84.00 that suggested an upside of 0.19%.

Boasting a price of $70.89, Tyson Foods, Inc. (NYSE:TSN) traded -0.62% lower on the day. With the last stock price close up 3.33% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Tyson Foods, Inc. has recorded a 50-day average of $74.17 and a two hundred day average of $69.27. Volume of trade was down over the average, with 2,250,556 shares of TSN changing hands under the typical 2,823,020

See Chart Below

Tyson Foods, Inc. (NYSE:TSN)

Tyson Foods, Inc. has a 52 week low of $42.89 and a 52 week high of $77.05 with a P/E ratio of 17.40 The company’s market cap is currently $0.

In addition to JPMorgan Chase & Co. reporting its target price, a total of 11 brokers have issued a report on the stock. The consensus target price is $76.82 with five brokerages rating the company a strong buy, three brokerages rating the company a buy, four brokerages rating the company a hold, zero brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Tyson Foods, Inc. (NYSE:TSN)

Tyson Foods, Inc. is a food company. The Company is engaged in offering chicken, beef and pork, as well as prepared foods, including bacon, breakfast sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings, tortillas and desserts. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. It operates through four segments: Chicken, Beef, Pork and Prepared Foods. It operates a vertically integrated chicken production process, which consists of breeding stock, contract growers, feed production, processing, further-processing and transportation of chicken and related allied products, including animal and pet food ingredients. Through its subsidiary, Cobb-Vantress, Inc., the Company is engaged in supplying poultry breeding stock across the world. It produces a range of fresh, frozen and refrigerated food products. Its foreign markets include Canada, China, the European Union, Japan, South Korea and Taiwan.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *